What to look for while searching property agents online

Posted by Kaleb Tillman on February 12th, 2019

When looking for a condo or HDB property in Singapore, you have to be particularly careful. The reason being that there are so many developments coming up and not all of them will offer you what you are looking for. Most real estate agents in Singapore will try and sell you these properties simply because the commission is high and only they are too gain from it. You need to know how to look for the best commercial property agents, to get the best returns on your investments.

The Council for Estate Agencies (CEA) has enlisted in their website various information about property agents in Singapore so that homeowners can check the license and other queries on the site itself.

What sort of information is available?

The site will display complete information HDB resale transactions when anyone searches for property agents. This includes the date of the transaction, flat locations, and the person represented by the agent (buyers or sellers). These solve the basic query of any property buyer, the agent’s sales history. Although the information will date back to the last 2 years, to access older information the visitor needs to visit Singapore Government’s public data site. In the coming month, the site will include information like a successful rental transaction and also a private property transaction.

The three main things to look for in the website

1. The activeness of the property agents in Singapore

Although there is nothing wrong if a property agent remains inactive in the last 24 months and has rejoined the industry. But in case if someone is looking for an agent who is in touch with the market and actively working with property transaction then his information can be viewed through this site. Also if a property agent has been doing well in down market condition and closing deals in the bad years then it shows that he is a true professional

2. The type of property the agent deals with

For the time being the site only shows only the resale flat transaction but when it gets updated by the mid of this year one will be able to see rental and private property transactions exclusively. In this way, the seeker can get detail information like experience, expertise on area and type of property he has dealt with. Hence various visitors whether buyer or seller and search for the relevant property agents.

3. The property agent’s location choice

It is one of the most important aspects when the buyer or seller wants to see the area of operation of the real estate agent in Singapore. This location specification ensures the market knowledge of the property agent about that particular area. A local property agent provides you with the information apart from the property like nearest MRT or Mall or education centers etc.

Apart from the said benefits, many buyers and sellers tend to forget to search the property agent’s details like his past problematic transactions, outstanding performance or any other details of the property agents in Singapore.